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Wecome Pharmaceutical Co Ltd

Zhejiang Wecome Pharmaceutical Company Limited researches, develops, produces, and sells modern Chinese and Western medicines in China. Its products include hard capsules, tablets, granules, soft capsules, pills, and other dosage forms, and it also retails pharmaceutical commercial products. Formerly known as Zhejiang Weikang Pharmaceutical Co., Ltd., the company was founded in 2000 and is headquartered in Lishui, China.

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Robotics & Physical AI

Range Technology to invest 1 billion yuan in frontier tech fund; Bestechnic plans buyback of 50 million to 100 million yuan

Range Technology plans to contribute 1 billion yuan of its own funds to invest in Xiamen Shidai Shenyuan Venture Capital Fund Partnership, a limited partnership. The fund has a total committed size of 4.90001 billion yuan, with Range Technology holding a 20.4081 percent stake. The fund will focus on frontier technology areas such as artificial intelligence and embodied intelligence. Bestechnic plans to repurchase shares worth 50 million to 100 million yuan, at a price not exceeding 150 yuan per share, for employee stock ownership plans or equity incentives. CATL's wholly owned subsidiary Ningbo Wending plans to participate as a limited partner in Xiamen Shidai Yiyuan Venture Capital Fund Partnership, with a committed contribution of 1.12 billion yuan and a 19.4175 percent stake in the fund. The company's controlling shareholder Xiamen Ruiting will also participate in the fund as a limited partner, making this investment a related-party co-investment. Hangcha Group plans to issue convertible bonds to raise no more than 2.259 billion yuan, with a term of six years, for a forklift robot smart factory project, a new energy forklift expansion project, a forklift robot and logistics robot research and development project, and to supplement working capital. Weikang Pharmaceutical has received an approval notice from the National Medical Products Administration for a supplementary application for clinical trials of its Huangjia Ruangan Granules, agreeing to conduct a Phase III clinical trial for liver fibrosis caused by chronic hepatitis B virus infection.
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Weikang Pharmaceutical's 2026 interim report shows a net loss of 22.2556 million yuan

Weikang Pharmaceutical released its 2026 interim report. Total operating revenue was 126 million yuan, net profit attributable to the parent company was negative 22.2556 million yuan, and net cash flow from operating activities was negative 24.6241 million yuan, a decrease of 69.0291 million yuan compared with the same period last year, down 155.45 percent year on year. The company's asset-liability ratio was 28.89 percent, gross margin was 40.24 percent, return on equity was negative 2.51 percent, and diluted earnings per share was negative 0.15 yuan. The number of shareholders was 8,106, and the top ten shareholders held 76.63 percent of the total share capital.
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Weikang Pharmaceutical's Jinqiancao Capsule Supplementary Application Approved by National Medical Products Administration

Weikang Pharmaceutical announced that the company recently received the approval notice for the supplementary application of Jinqiancao Capsule issued by the National Medical Products Administration. This approval involves changes to the safety-related content in the drug's package insert and the excipients in the formulation, and also approves the addition of gelatin hollow capsules from Zhejiang Weikang Oujiang Capsule Co., Ltd. for use in this drug. In the first quarter of 2026, Weikang Pharmaceutical achieved revenue of 69.66 million yuan and a net profit attributable to the parent company of 1.74 million yuan.
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